The Cosmopolitan Foundation Canada Inc. will benefit significantly in the yearrs to come through gifts, bequests, and other tax-benefit gifts from Cosmopolitan members and friends. Federal tax laws encourage charitable giving through generous tax deductions.

Important tax savings can result by careful gift and estate tax planning. This type of gift can be made through wills, trusts, insurance policies or other agreements or arrangements.

WILLS, BEQUESTS & OTHERS

A form of “Living Gift” that is most widely understood is the bequest by will, which will benefit the Cosmopolitan Foundation Canada Inc. upon your death.

LIFE INSURANCE

Gifts of life insurance offer you an opportunity to make a substantial contribution to the Cosmopolitan Foundation Canada Inc. If an already existing life insurance policy is no longer needed for family protection, the Foundation can be designated as the beneficiary. The cash value of an ordinary policy at the time of the gift is deductable for income tax purposes.

Further Information

The information here seeks to explain, very briefly, the principal features and advantages of The Living Gift in its various forms. You probably will have additional questions about contribtions to the Cosmopolitan Foundation Canada Inc. It would be best to talk to your attorney, banker, public accountant or other financial advisor to plan the method or methods that best suit your needs and interest.

For any further information on the Cosmopolitan Foundation Canada Inc. please visit our contact information for the necessary information to do so. We would be only too happy to answer any further questions you may have about the Foundation.